Paramount Bhd (XKLS:1724) ROCE % : 4.45% (As of Mar. 2024)

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What is Paramount Bhd ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Paramount Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.45%.

Paramount Bhd ROCE % Historical Data

The historical data trend for Paramount Bhd's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Paramount Bhd ROCE % Chart

Paramount Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.50

3.16

3.76

5.53

6.96

Paramount Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															5.19	7.58	6.86	8.28	4.45

Paramount Bhd ROCE % Calculation

Paramount Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	162.07	/	( ( (3125.145 - 708.629)	+	(2977.09 - 735.161) )	/ 2 )
	=	162.07	/	( (2416.516	+	2241.929)	/ 2 )
	=	162.07	/	2329.2225
	=	6.96 %

Paramount Bhd's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	98.792	/	( ( (2977.09 - 735.161)	+	(2871.911 - 674.688) )	/ 2 )
	=	98.792	/	( ( 2241.929	+	2197.223 )	/ 2 )
	=	98.792	/	2219.576
	=	4.45 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Paramount Bhd (XKLS:1724) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Paramount Bhd ROCE % Related Terms

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Paramount Bhd (XKLS:1724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paramount Corp Bhd (XKLS:1724) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400

Website

https://www.pcb.my

Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

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